Shandong Copper Cathode Market Experiences Low Activity

Published: Feb 25, 2026 13:43

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Today, the average spot price of copper cathode in Shandong was reported at a discount of -450 yuan/mt. According to SMM, after the Chinese New Year holiday, downstream copper processing enterprises gradually resumed production, but end-use consumption has not fully recovered. Market spot order discount quotations received limited responses, enterprises' purchase willingness remained weak, some companies are still consuming pre-holiday inventory, and overall market activity was low.

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